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Service Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Levy of penalty u/s 76 and 78 - waiver u/s 80 - delay in payment ...


Penalty for Late Service Tax Payment Under Finance Act Section 78 Reduced to 50% if Paid Within 30 Days.

January 28, 2016

Case Laws     Service Tax     AT

Levy of penalty u/s 76 and 78 - waiver u/s 80 - delay in payment of service tax - penalty imposed on the Respondents under Section 78 of the Finance Act, 1994, is to be reduced to 50% of the same in respect of the first show cause notice dated 30.08.2011, provided that the Respondents pay the said amount within thirty days from the receipt of this order. - AT

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